Trade Advice for Beginners (Futures)

Start Slow: Begin with a small amount, like $100.

Coin Choice: Pick a less volatile coin.

Leverage: Use leverage no more than x10.

Leverage Limit: Don't use more than 50% of your capital for leverage. With $100, your leverage should not exceed $150 ($15 x 10).

Avoid Same Price Trades: Never use all your margin to long or short a coin at the same price.

Divide Margin: Split your margin into four parts ($3.8 each). Open positions with $3.8 x 10 = $38 USDT.

DCA Strategy: If you long a coin and it drops by 5-10%, long it again with $3.8 x 10 to lower your entry point. Do the same for short positions if the coin rises by 5-10%. Your position will be $76 USDT, with $100 as your balance.

If the coin moves above your breakeven point with profit, close it. If it drops again by 5-10%, DCA again. Avoid DCA for 1-2% drops.

Charts: Analyze 1H, 4H, or 1D charts to understand coin behavior.

RSI Indicator: Use RSI. If below 20, it's oversold and might go up; safe to long. If above 90, it's overbought; safe to short.

Stop-Loss: Always use a stop-loss to protect during crashes.

Patience: Stay updated, enter and exit trades on time, and avoid emotional trading. Relax after profits or losses; wait for safe entries.

Pro Tip: For low-risk, less volatile coins, consider $IOTX

and $TRX

Good luck!